this post was submitted on 25 Dec 2024
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Big banks sue Federal Reserve over minimum cash requirements (www.salon.com)
submitted 1 day ago by [email protected] to c/[email protected]
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[–] [email protected] 23 points 1 day ago (2 children)

For once I agree with the big banks. The uncertainty is to harmful. Going forward they should have to keep 100% reserves of all money lent out. That will take out all that nasty uncertainty.

[–] [email protected] 6 points 1 day ago (1 children)

You like paying for their bail outs?

[–] [email protected] 5 points 1 day ago

oh we don't need any of those. I mean for account holders sure but other than that. nah.

[–] [email protected] 5 points 1 day ago

Like who needs FDIC, amirite?